Latest Jeremy Hunt News

UK inflation falls by more than expected in February, triggering talk of lower interest rates

Mar. 20, 2024 04:49 AM EDT

LONDON (AP) — Price rises in the U.K. eased more than anticipated in February, official figures showed Wednesday, raising expectations that with the cost-of-living crisis abating, the Bank of England may start cutting interest rates in the next few months. The Office for National...

Britain's Conservative government announces tax cuts it hopes can lift its ailing election fortunes

Mar. 06, 2024 20:50 PM EST

LONDON (AP) — British Treasury chief Jeremy Hunt sought Wednesday to bolster spirits within his Conservative Party with another tax cut for 27 million working people, hoping it can turn the political tide ahead of a general election this year. But with the tax cut trailed in...

Leading British economic think tank thinks there's a 'weak' case for tax cuts in next week's budget

Feb. 27, 2024 06:24 AM EST

LONDON (AP) — A leading British think tank that specializes in the state of the country's public finances thinks there's a “weak economic case” for further tax cuts in next week's budget, which the Conservative government is hoping can give a lift to its prospects at the general election...